Vessel sale and purchase agreements can be highly complicated. An often overlooked part of the process is around anti money laundering (AML) requirements, which presents an area of not-insignificant risk for clients and agents alike.
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The Tourist Refund Scheme offers international travellers leaving Australia to claim a GST refund on Australian purchase goods taken out of the country, and it is possible for private yacht owners to access the programme to take advantage of the GST refund.
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New Zealand Customs’ recent change of position on the sale of vessels in New Zealand under TIE (Temporary Import Entry) could have potentially significant impacts for yacht owners wanting to bring their vessels into New Zealand, including for marketing and sale purposes.
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Safety assessments are essential for New Zealand recreational yachts going overseas. With the administration of this process changing in 2024, yacht owners need to be aware of the changes under the new system.
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In most circumstances, the owner of a vessel that is imported into New Zealand will have to pay duty and GST when the vessel arrives in New Zealand. However, vessels manufactured in countries which have entered into a free trade agreement with New Zealand will not attract duty.
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Maritime New Zealand have indicated that a full operational watch by sight and sound will no longer be required for vessels at anchor, a reversal of their earlier position on watchkeeping.
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The final extension for export of yachts granted permission to remain in New Zealand under the Temporary Import Entry (TIE) scheme during 2020’s COVID-19 restrictions expires today, 30 June 2023.
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The government has announced a select committee inquiry into seabed mining and there is likely to be a public submission process to inform their findings.
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Maritime New Zealand’s requirements for candidates to qualify for tickets across a range of vessel sizes and zones are somewhat complicated for individuals with overseas tickets.
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While Councils and their organisations have no obligation to provide moorings in and of themselves, there are some obligations that are important to be aware of.
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The Deepwater Group made a presentation at the New Zealand Seafood Conference held in August 2022, setting some of the facts straight about New Zealand’s bottom fisheries. Read more …
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The Ministry of Transport is seeking to update and modernise the MTA, and although the first round of submissions have closed, the NZ Marine Transport Association is seeking comments from industry.
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Maritime NZ is talking to industry stakeholders and have an email address for enquiries and input to assist the smooth opening of the maritime border in readiness for 1 August.
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New Zealand’s border, including the maritime border, will fully reopen from the end of July.
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The Fisheries Amendment Bill has been introduced to Parliament, to amend the Fisheries Act 1996, and has a number of proposed changes.
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Marine Protection Rules Part 199: Prevention of air pollution from ships is soon to be in effect. These rules apply to both domestic and international voyaging ships and apply to different types of ships and boats in different ways.
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The New Zealand Government has imposed a range of sanctions in response to Russia’s invasion of Ukraine and a guidance has been released explaining what ships and aircraft are restricted from entering New Zealand, and more.
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The principles laid down in the King Salmon case are at the forefront of ongoing litigation between Port Otago Ltd and the Environmental Defence Society.
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Private yachts on C4G/Temporary Import Entry (TIE) will have their TIEs extended to 30 June 2023.
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An amendment to the Maritime Border Order sees the isolation or quarantine period for those who arrive in New Zealand on board a ship lowered from 10 days to 7 days.
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